RSS
By STDrivers on July 02, 2009  |  Comments 0

Critical Factors

In developing your sales force, your company must consider critical factors to establish a system that is effective for your organization. This system must take your sales culture, sales process, and market into consideration. More importantly, your sales force development efforts should stay focused on helping each sales team member drive sales results. When adequately applied, your sales force development efforts should have tremendous impact on the overall accomplishment of the entire organization.

Have you tried sales competencies?

Read More

By admin on June 25, 2009  |  Comments 0

How to Sell Like IBM

Great post today at BNET.  How to sell like IBM talks about what it takes to have patient and strategic.

… despite the 2009 downturn, IBM has been able to maintain momentum by expanding its sales efforts in new markets such as health care.

Read the rest of the article here.

Read More

By Dan Seidman on June 23, 2009  |  Comments 0

Confessions of a Sales Trainer

Sales Autopsy coaching

Yesterday I’m with a financial services client and partway through the morning’s sales training I do a “confession session” where reps share their most embarrassing moment. It’s a very funny time.

This slide (pictured here) is up on the screen and during the break a woman walks up.

“I’m very offended by that image.”

Read More

By STDrivers on May 27, 2009  |  Comments 0

New State of Sales Training Report

ASTD launches new “State of the Sales Training” Research Report

An organization’s sales force drives the bottom line—and effective sales training is the bedrock of a successful sales program. The ASTD/Intrepid/i4cp State of Sales Training Study explores how today’s organizations are approaching sales training and sheds light on opportunities that organizations are missing to optimize those approaches or consider new ones.

The data included in the report provides new insight into the current-and future-state of sales training globally. Based on a survey of more than 500 experts, the ASTD/Intrepid/i4cp study will equip you with the statistics to inform important sales training decisions, provide you with a background on the current sales training environment, and give you policy recommendations that can get you started on the road to success now.


Read More

Book Launch! Get a Free Chapter
By STDrivers on May 27, 2009  |  Comments 1

Book Launch! Get a Free Chapter

book-launch-get-a-free-chapter
A Sales Management Guide to the New World of Selling

As sales organizations scramble to create a sustained competitive advantage, the very nature of selling continues to change. If you lead a sales team and are in search of a better way to implement your sales process, stop guessing and use World Class Selling: New Sales Competencies as your foundation for driving sales results.
Based on data-driven criteria from thousands of sales managers, sales trainers, and salespeople, this publication identifies the absolute necessities for building a world-class sales team.
Remove the uncertainty from your sales strategy today and put people and other resources in perfect alignment with your organizational sales goals.
Get a free chapter of this groundbreaking work by filling out the form below. To protect your privacy, once you enter your details, you will be asked to confirm your email address. You can also find out more about the book here


Read More

By STDrivers on April 23, 2009  |  Comments 0

NEW! Upcoming Free Webinar

Free Webinars hosted by Sales Training Drivers!

Give your career a boost by viewing these programs presented by experienced sales trainers, sales consultants, and learning & development professionals by checking out our next upcoming live webcast!

How often do you get to connect with thought leaders once a year at an annual convention? What if you could connect once (or twice) a month with sales training and development thought leaders from around the world?

Sales Training Drivers provides access to both classic and emerging best practices in a convenient, cost-effective way. These webcasts not only allow you to sharpen your thinking, but also create a great way to share that thinking with others.

Read More

RSSRecent Articles

Rapid sales training

Do you and your staff know how to determine the outcomes of your efforts?  Can you clearly determine the value of your training solution? What impact will it have on market share, accurately forecasting short- and long-term sales figures, and keeping track of the rate of how fast the industry is growing?  How do you keep up with fast moving trends?

To accomplish this, there are a few things to consider:

  • Understanding and leveraging sales and marketing statistics isn’t easy. But it is something you may want to consider.
  • Having the knowledge and sales training research at your fingertips will help you analyze your sales and marketing effectiveness will help drive incremental revenue.
  • The sales and marketing statistics you choose to gather are extremely important to executing your organization’s sales and marketing strategies.
  • The important facts and discoveries that are put together produce golden opportunities on how to go about reaching your target sales and revenue figures.
  • Reading and analyzing statistics can be complicated and daunting to undertake, especially if there is very limited knowledge about the information being presented.

You should have the resources you need to adequately develop a team of sales and marketing professionals who can grown in their field and become sales experts. The solid practices you help instill will help your colleagues effectively manage the sales team.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

What to Expect from a Sales Coaching Program

A successful sales coaching program will instruct your sales team to use the following approaches.  How does your coaching program relate (if you have one)?

Your sales coaching program should help you and your team:

  • Hire the right type of person by interviewing them with stringent criteria that will meet your organizations goals
  • Lead and reward with positive reinforcement, instead of implementing a negative coaching system
  • Provide blueprints and mind maps your sales team can follow, thereby alleviating common questions and increasing understanding of the organizations process
  • Hold monthly meetings with question and answer sessions
  • Discuss sales team members approaches that are working well
  • Ensure each member of your sales force learns these important techniques. Additional strategies include: determining the proper timing to deliver a sales pitch; know what kind of approach will be the most effective for a particular type of customer; and expert follow up strategy and implementation.
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Top the 7 myths about the sales profession

top-the-7-myths-about-the-sales-profession

Top the 7 myths about the sales profession

Selling is the most complicated profession in the world. Many people believe they know what the profession entails…many myths have continued throughout time due to these misperceptions, despite the sales and marketing statistics that show otherwise.

Here are some of my favorite myths about selling.

Myth 1: Marketing and Selling are the Same Thing!

One of my professors I had while taking my Master’s Degree once told me that you can only do one of three things in business: make it, sell it, or count it.

The problem is the definition of “selling it” comprises two divergent but inextricably entwined functions — sales and marketing. The more appropriate elements (especially in today’s world) should be, in business you can only: make it, grow it, or count it.

I say grow it, for two reasons. One reason is the marketing department and the other reason is the sales department. The problem with the two professions is each of believe that their occupation is the dominant half of the pair. Marketers generally think of salespeople as golf-playing monkeys or pushy placement professionals whose sole purpose is to repeat the same sales pitch (that they have developed) over-and-over again to new prospects. Salespeople generally think of marketers as lazy liberal arts graduates who use the words “focus groups” and “corporate brand” to describe activities that is nothing but “a colossal waste of money.”

Ultimately each function needs the other if the company is to GROW. To that end, sales and marketing are separate but equal professions from a business perspective.

What’s less obvious is how we should all work together. Marketers believe that marketing should play the dominant role. After all, marketing defines the product, articulates the positioning, and creates all the sales tools (ranging from glowing CEO profiles in “Fortune” magazine to the ubiquitous corporate logo wear that serves as the de facto currency of the modern professional). All salespeople have to do is to follow orders, right?  Salespeople believe that selling should play the dominant role. After all, selling is where the rubber meets the road, where the tough get going, where everyone gives 110 percent, and where slogans reign supreme. Salespeople bring home the bacon. All marketers do is provide brochures and take all the credit. The truth is more complicated but more rewarding.

Suffice it to say, let’s just say that selling and marketing are NOT the same thing. What both departments SHOULD agree on is the need to stay focused on what the client’s and customers want, in an effort to provide them value. Can’t we just stay focused on that? That’s another book too.

Myth 2: Selling is about Winning Over Your Customer!

Selling isn’t about winning over anyone. It’s about helping your customer win. If you think of making a sale as “winning”, that means someone has to lose. If you are winning and your customer’s are losing, you’ll be selling a very, very short amount of time.

It’s about both you and your customer winning. Enough said. I just wish that prospects and buyers thought that all the time too!

Myth 3: Selling isn’t a Real Profession!

If you’re embarrassed about being in selling, this is the myth you’re subscribing to. You have to be proud of being in selling in order to be successful. One way to do this is to realize the important people you’ll be working with on a daily basis. When sales professionals sell, they are often sitting across the table from the following formalized professions:

• Chief Financial Officer (formalized by the American Finance Association)

• Legal Counsel (formalized American Bar Association)

• Project Manager (formalized by the Project Management Institute)

• Marketing Professional (formalized by the American Marketing Association)

• Information Technology Professional (formalized by numerous associations and organizations)

• Procurement Professional (formalized by the Institute of Supply Management and the National Association of Purchasing Management)

The question is, what exactly is a “formal” profession?

Myth 4: Selling isn’t That Hard! Anyone Can Do It!

Selling is a hard profession to master. It’s one of the most complicated professions in the world. Where else do you have to understand organizations and individuals with such depth and clarity? Where else do you have to build rapport with so many different types of people, in so many different locations, buildings, or business types?

On top of this complexity is the reality that Selling is one of the few real pay-for-performance professions, with over ½ of the compensation “at risk” or based on commission.

A lot of sales professionals feel stress in their jobs. In the engineering profession, stress results from the application of a constant force to an immovable object. In selling, the force is your “quota” and the immovable object is your customer’s expectations.

If you guess, you stress. It’s that simple.

Selling is about taking the guess work out of what the future will hold. True, it isn’t as much as it sounds for real sales professionals. The key is to learn about the truth of the sales profession and banish the myths. When you accomplish this, you will find selling concepts that make sense that can immediately put into practice. Above all else, you will persevere when so many others will quit, and that’s what will make the difference to your company’s bottom line.

Myth 5: Selling is a “Numbers Game”!

Undoubtedly, you will hear this one within your first week of selling: “Selling is a numbers game.” Make the calls, make the presentations, and work your way through enough people, and eventually you will make a sale. You’ll hear it within three hours of being on your first job in Sales. Someone will say “it’s a number game” I guarantee it.

It goes something like this. The more phone calls you make, the more sales you will make. “So, make 100 phone calls” someone will say. “Of those 100, send 10 proposals. And of those 10, you will close 2. The more numbers you have the more you will sell. Now, there’s your phone. Good luck!”

Remember this always! Quality supersedes quantity. Your goal in selling must be to find prospects that have a propensity and a motive to buy your product or services. If they don’t want to buy or need to buy your product or service, then I don’t care about the numbers!

I would rather make two phone calls and close two sales than make 100 like our example above, wouldn’t you? If someone is tracking your progress, how do they know you are calling the right people, with a want and a need?

I know of a large insurance sales organization, which provided sales reps with contact lists for life insurance and investments. The only problem was most prospects lived in a low income area and were highly unlikely to buy any life insurance because they didn’t need, or want it. I don’t care if you call 1,000 people that don’t fit the profile. You’re still wasting your time. Quality over quantity.

Rather than buying into the myth that selling is a numbers game, think of a game of darts. By aiming your effort (the dart) at a clearly defined target (your pre-qualified prospect on the dart board) your chances for hitting the mark (a sale) are greatly enhanced. Contrast that mindset with a pure numbers game, where you stand outside and try to get hit by lighting or crossing your fingers multiple times with the hope of attaining good luck.

Myth 6: You Must Like Rejection!

Many sales courses, sales books, and sales training will tell you to keep a very stiff upper lip when you get “rejected.” A rejection can occur when you are rebuffed on the phone, not granted an appointment, or simply told “no.” These courses will also tell you not to let a “no” get you down. The problem with this approach is the fact that once you accept the simple proposition that you have been rejected in the first place, you have given up the psychological high ground and put your self-esteem into retreat! Simply put, your sales team needs to reject the notion of rejection.

Once salespeople understand that all they are doing is helping people, every outcome should be the same. If prospects don’t want your help or choose not to deal with your company for whatever reason, it is not your salesperson’s problem. He or she simply has to locate another prospect that needs your company’s products or services. Regardless of the response prospects give, the salesperson is still the same person with the same amount of product knowledge, experience, and competence. When you teach your team to stop actually linking their activity to a prospect’s response (no matter how subtly), selling ceases to be hard work and instead becomes a game. In general, the healthiest mindset for you to teach is: “You, Mr./Ms. Prospect, have made a decision to move forward without my services. I’ll be here when you come to your senses and change your mind. It’s not my responsibility to straighten you or your company out.”

Myth 7: Selling is a Dead End Job!

Did you know that 85 percent of the company leaders and entrepreneurs in America today were once salespeople? They carried sample cases, made cold calls, dialed for dollars, did product demonstrations and handled objections. Today, they’re the majority of corporate presidents, CEOs and the like. Selling is a dead-end job all right–especially when you consider that the end may be at the very top of an organization!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Activity, Activity, Activity

How Does Your Training Help Manage Sales Team Activity?

If you have been a sales manager or sales leader, you know that managing sales person activity is never easy. Therefore, the sales training you develop should help sales management stay on top of tactical actions that lead to real-world results. More importantly, your efforts should help make the sales organization aware of whether or not the team is meeting its targets and sales goals. Keeping your sales team focused and ahead of the game also helps them feel more confident.

Ideas for helping your sales management team focus salesperson activity include:

  • Conducting a thorough analysis of every individual team member’s action plans
  • Monitoring overall activity levels of the sales team (i.e., calls made, proposals sent, first-meetings held, etc)
  • Developing and monitoring the steps of the sales process or funnel
    Scheduling regular sales training and coaching sessions
  • Conducting value-added weekly updates with team members
  • Discussing the latest trends in your industry and continue to add to the blueprint and remain competitive
  • Ensuring the sales team is united by strong by providing positive leadership
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 4.00 out of 5)
Loading ... Loading ...

Wanted-Sales Leadership

wanted-sales-leadership

Wanted – Sales Leadership

Many salespeople seek to grow into management positions. However, many of these same people don’t act like a leader or a manager in their day-to-day activities. Effective sales leadership and requires a salesperson to understand who they are and what they stand for while consistently exceeding revenue quotas and customer satisfaction expectations.

Once a salesperson understands who they are, and they consistently exceed the sales expectations, they begin to influence others in a more impacting manner. In other words, they are in tune with their clients, their own company, and more importantly they know what they stand for. In short, they begin to exude leadership — leadership at the corporate edge. As a leader in the future they must understand how to synchronize sales processes with marketing messages while providing top-notch services. All of this requires them to be fully engaged with individual buyer processes — and displaying leadership to buyers as well.

Achieving consistently high sales productivity requires a hands-on approach that is engaged and aligned in a common organizational direction. Sales, marketing, and services professionals must understand their personal and organizational goals and how to achieve them.

They must invest their time in the right accounts and the right activities. Growth efficiency requires skilled and focused leadership. It also requires leaders who can mobilize their team members, employees who work for them, and even their own management teams to achieve a common goal that meets the strategic and financial goals of the firm while providing the absolute best service and support to the customer.

Future salespeople will be asked to lead, no matter what position they hold in their sales organization! Their position, at the corporate boundary, will require it. Once salespeople fully embrace the High-Character, High-Leadership paradigm, they must understand what is required by all these critical stakeholders and be a solid rock of product knowledge, subject matter expertise, and consultant.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Sales Management Training

What do your sales managers do?  How does your sales training help sales management team members succeed?

Some things to consider about your manager skills training:

  • How does you manager training help sales managers operate more effectively in the sales organization?
  • Does your sales manager training establish long-term sales pursuit and business partnering philosophies?
  • How does your training balance short-term requirements with long-term results?
  • What is the relationship between the sales people and the integrated use of sales automation tools and processes?
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Good Quote

I found this good quote today about helping your sales team get “sales ready”:

The “sales ready” process starts by focusing your mind. Athletes have been doing this for decades. They build intensity by focusing on the competition ahead. What will it look like? How will I play? How will I react to different conditions?Good Sales Start with Good Attitudes, Apr 2009

You should read the whole article.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Sales Closing Techniques

Many sales are lost due to a poorly run sales process. With a well understood and applied sales process it becomes much easier to identify needs, ask better questions, and move the sales forward. More importantly, a well understood sales process helps match the decision-making criteria of the buyer and synchronize activities to meet buyer needs.

But many sales people result to closing skills, instead of sales process management. The days of “applying closing techniques” to get the sale are over. If the sales team members you train can help the customer meet their needs, then they will be receptive to building a lasting business relationship with your sales force.

Closing Technique Considerations:

  • Know whether your team members are capable of determining when a great sales closing opportunity exists — do they have a sense of timing?.
  • Does your organization encourage asking questions in order to facilitate the closing technique needed to turn customer interactions into success?
  • How close do you look at consultative selling skills, questioning skills, and closing skills during the interview process?
    How does your sales training help your sales team advance the sales process? Does your training help hone, sharpen and enable each sales team member to move the sales pipeline forward?
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

What Makes Successful Salespeople

What do sales coaches need to know in order to help their salespeople succeed? More importantly, what does a complete, well-rounded, super-star sales professional do anyway? Surely, if you cornered one of these high-performing sales professionals at a social event and asked them what they actually did as a sales professional, there would be more to it than “I help people.”

What exactly is it that salespeople DO anyway? I’m talking about what they actually do, not what their company does or what their value proposition is, but what THEY DO day in and day out as a sales professional?
To be a complete sales professional, their daily activities should be in support of creating customer satisfaction and loyalty. What are these daily activities?

I have analyzed the outputs and deliverables of thousands of sales professionals. I found that these tasks can be grouped into eight key areas. The idea is to help them become highly competent (i.e. superstar) sales professional through helping them:

1. Manage Themselves - highly competent salespeople keep their personal life in check. They stay healthy. They set goals, they make plans for your future. They keep their finances in order. They find stress-reducers.

2. Manage the Sales Cycle — The highly competent sales professionals seek out continuous comprehensive training and education to support their sales process. You should also be able to initiate, plan, and execute a sales process in order for your product or service to be assimilated into the buying organization. There are many systems out there to choose from.

3. Manage Opportunities - Highly competent sales professionals understand how to identify, manage, develop, and close the right sales opportunities. To do this, they’re experts at opportunity planning, territory management, opportunity development, and closing.

4. Manage Relationships- Highly competent salespeople become a trusted advisor to the buyer only happens when the sales professional is successful at building relationships, communicating, distributing information, and influencing others ethically through collaborative dialogue. Building relationships within your own organization is just as critical. Make sure that you take the time to forge relationships with your support teams, delivery teams, management or any other party that is involved in your sales process.

5. Manage Expectations - Highly competent salespeople continue their relationship after the sale. Providing top-notch service to buyers ensures repeat business and a solid sales reputation.

6. Manage Priorities - Highly competent salespeople understand the crucial elements of managing personal time to achieve ones goals and objectives. Great sales professionals understand that they must define the right tasks for the day or month, prioritize them, schedule them and execute.

7. Manage Technology - Highly competent sales professionals utilize technology in order to maximize personal and organizational effectiveness.

8. Manage Communications - highly competent sales professionals understand their choices in selecting, delivering, and leveraging communications strategies and mediums in order to effectively get their message across.
There are many people that wonder why sales professionals are “harried,” have short attention spans, are always too busy, or seem a “little flustered”. Perhaps by identifying and understanding these eight areas, you have a new found appreciation and an understanding of why?

So the question is, does you sales coaching program help salespeople become better in each area? How can you help them understand which area they are the strongest in? Or which area they are the weakest? A well designed sales coaching program provided by a reputable organization can help sales managers and sales coaches build action steps and coaching programs that help salespeople improve in each area every single day.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Presentation Skills

salestraining2Presentation skills are absolutely critical to any customer-facing, revenue-generating professional. Does your presentation skills training hold up? Does it work?

Presentation Skills Considerations:

  • How does your presentation help tell your value proposition?
  • Do your salespeople use stories, analogies, and other effective ways to get their point across?
  • What is the single core message you want to portray in each and every presentation?
  • What are the best ways to teach presentation skills to your sales team?
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...